Search found 7889 matches

by tfb
Tue Sep 18, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 354
Views: 37279

Re: Northwest FCU 3-year 3.04% Add-On CD

I just logged in with Chrome and both my savings account and the CD disappeared. If it happens to you try a different Browser. Firefox worked for me.
by tfb
Tue Sep 18, 2018 1:02 am
Forum: Personal Finance (Not Investing)
Topic: BofA - Am I Shadow-Loaning to Them?
Replies: 9
Views: 822

Re: BofA - Am I Shadow-Loaning to Them?

Or am I being unfair and paranoid? Yes. B of A uses a bill pay provider between their banking side and their credit card side. The bill pay provider has to get the money from the banking side first and then pay the credit side. If you use B of A bill pay to pay a Chase credit card, the process is t...
by tfb
Tue Sep 18, 2018 12:49 am
Forum: Personal Finance (Not Investing)
Topic: BofA - Am I Shadow-Loaning to Them?
Replies: 9
Views: 822

Re: BofA - Am I Shadow-Loaning to Them?

Or am I being unfair and paranoid? Yes. B of A uses a bill pay provider between their banking side and their credit card side. The bill pay provider has to get the money from the banking side first and then pay the credit side. If you use B of A bill pay to pay a Chase credit card, the process is t...
by tfb
Fri Sep 14, 2018 2:17 am
Forum: Investing - Help with Personal Investments
Topic: Any issues keeping <$1MIL in VMFXX (Money Market Fund)?
Replies: 21
Views: 2844

Re: Any issues keeping <$1MIL in VMFXX (Money Market Fund)?

Going to start my Vanguard journey with $500K-1MIL (3 fund portfolio) - but while I'm waiting to sort out details of allocation I want, etc -- are there any issues or repercussions with keeping that money in VMFXX in the meantime for up to 3 months or so? While everyone else talked about money mark...
by tfb
Wed Sep 12, 2018 1:15 pm
Forum: Investing - Theory, News & General
Topic: Mega backdoor roth vs Keeping company issued stock
Replies: 9
Views: 532

Re: Mega backdoor roth vs Keeping company issued stock

My understanding is that even if I'd like to keep the company issued stock (and not buy VTSAX or what have you with the money), I should sell the stock as soon as it vests, move it to my 401k -> Roth IRA. You can only contribute from your paychecks. So contribute, move to Roth IRA, buy company stoc...
by tfb
Tue Sep 11, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 5711

Re: Lab test prices - exasperating!

If there is an easy straightforward way to get prices on lab blood tests, could someone please tell me? I recently found some good use of a cost estimator tool provided by my insurance company. I successfully used it for an MRI and found a provider that charged 1/2 of what the doctor's affiliated f...
by tfb
Tue Sep 11, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 354
Views: 37279

Re: Northwest FCU 3-year 3.04% Add-On CD

dollarsaver wrote:
Tue Sep 11, 2018 9:23 am
I would like to wire my funds after maturity to Vanguard. But will NWFCU only wire $10K per day or the whole amount?
No limit for wire and no fee if you are over 62 (otherwise $15).
by tfb
Tue Sep 11, 2018 2:08 am
Forum: Personal Finance (Not Investing)
Topic: Fine tuning income around the ACA cliff
Replies: 24
Views: 1912

Re: Fine tuning income around the ACA cliff

Sounds to me like you are tracking everything. We are both working and self employed so a lot of variable income. I run a spreadsheet with all my estimates at the start of the year and then adjusted as I get real numbers . It's a little easier when you have earned income. Your IRA contributions can...
by tfb
Mon Sep 10, 2018 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Can I contribute to HSA this year?
Replies: 9
Views: 791

Re: Can I contribute to HSA this year?

jeff622859 wrote:
Mon Sep 10, 2018 4:26 pm
Can my employer make their contribution in 2018 to the HSA?
Yes, but you will have to withdraw it after Dec. 31 as excess contributions. You are still better off even though the money becomes taxable.
by tfb
Mon Sep 10, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: NASA FCU- 15 month CD 3.25%
Replies: 31
Views: 4292

Re: NASA FCU- 15 month CD 3.25%

MikeG62's comments also are representative of the way I'm thinking about it. A few years ago I probably would have jumped on it, but I'm getting lazier about joining and dealing with multiple credit unions. I agree. The short maturity also makes it not appealing. If I get the extra yield for 5 year...
by tfb
Mon Sep 10, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 354
Views: 37279

Re: Northwest FCU 3-year 3.04% Add-On CD

NWFCU replied saying their push to external account only allows $10,000/day and $30,000/month. I usually prefer push to pull because money pulled in can be subjected to a hold, especially for a large amount. Wire costs $15 unless you are heritage club (over 62). I'm closing my savings account after ...
by tfb
Sun Sep 09, 2018 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: RSU tax payment question - Sell to Cover or Pay Cash
Replies: 3
Views: 414

Re: RSU tax payment question - Sell to Cover or Pay Cash

By default, it's on " Sell to Cover " as RSU vests. So if I vest 10 shares, 4 shares are sold automatically by broker for tax withholding purpose Pay Cash to Cover Taxe s: does this mean i get to keep all my vested shares and pay tax later per usual during April? It doesn't make any difference. If ...
by tfb
Sun Sep 09, 2018 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage with 87K left on it
Replies: 69
Views: 6023

Re: Paying off mortgage with 87K left on it

because so long as I have this mortgage I would not plan on using any of that EF to invest in the markets in the first place. This constraint is set by yourself. Maybe it should be questioned if you are looking for alternatives. "[T]he markets" don't have to be 100% stocks. Either way would not be ...
by tfb
Sun Sep 09, 2018 7:43 pm
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 354
Views: 37279

Re: Northwest FCU 3-year 3.04% Add-On CD

Time to resurrect this thread as our certificates are coming to mature! Has anyone received maturity notice yet? What's the default? How are you giving your instructions whether to roll or not roll? If not rolling, how are you transferring the money out? Any limit on ACH push from NWFCU to linked ex...
by tfb
Sun Sep 09, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Should I keep my financial advisor
Replies: 130
Views: 7449

Re: Should I keep my financial advisor

2. Although I can manage the investments well, I don't know all the intricate details of tax management. For example, stocks are better in taxable account and bonds in tax advantaged. If the amount of money you have in taxable account versus tax advantaged account is more lopsided one way or the ot...
by tfb
Sat Sep 08, 2018 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: [Retirement accounts locked by Vanguard, unable to convert Admiral funds to ETF]
Replies: 57
Views: 4142

Re: [Retirement accounts locked by Vanguard, unable to convert Admiral funds to ETF]

oner, when moving assets from brokerage X to brokerage Y, avoid talking to brokerage X at all. Do all your talking to the receiving brokeage, brokerage Y, in your case Fidelity. If brokerage X refuses to release the funds because it has some issues with you ("account locked"), I don't know what bro...
by tfb
Sat Sep 08, 2018 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep my financial advisor
Replies: 130
Views: 7449

Re: Should I keep my financial advisor

It is unfortunate that a fee only financial advisor industry has not developed. They do exist, even though they may not count as an "industry" yet. In just one year I identified over 200 Advice-Only advisors in 30 states. I still haven't searched many areas because no one has asked me to search the...
by tfb
Sat Sep 08, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: forum discussion on ACA premium subsidy and filing taxes
Replies: 12
Views: 1120

Re: forum discussion on ACA premium subsidy and filing taxes

Which tax form and which line numbers? I guess I am going blind! I'm sorry I confused you again. My question wasn't rhetorical. From your earlier post in this thread, I already knew you were looking for the exact form and line numbers, which I didn't provide. I suspected there must be something els...
by tfb
Sat Sep 08, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Can you hold treasuries and/or CDs in a 401k account?
Replies: 7
Views: 615

Re: Can you hold treasuries and/or CDs in a 401k account?

Thanks for the replies. Yes, I have a Fido brokerage link account. The Fido website says to refer to the plan documents for a list of allowed/not allowed investments, and the plan documents say to look to the Fido documentation. A circular denial of information. Anyway, I logged in to my Fido accou...
by tfb
Sat Sep 08, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep my financial advisor
Replies: 130
Views: 7449

Re: Should I keep my financial advisor

So good advice from a financial advisor is often worth it. I see this argument a lot. I just want to point out "worth" and what you should pay are only very loosely related. If you don't eat for a month you will die or suffer very badly. What you should pay for a month of food is probably $1,000 max.
by tfb
Sat Sep 08, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: forum discussion on ACA premium subsidy and filing taxes
Replies: 12
Views: 1120

Re: forum discussion on ACA premium subsidy and filing taxes

These two Financebuff articles ( https://thefinancebuff.com/irs-guidance-on-circular-reference-in-obamacare-premium-subsidy-and-deduction.html ) + ( https://thefinancebuff.com/circular-reference-in-self-employed-health-insurance-deduction-under-obamacare-premium-subsidy.html ) discuss it but since ...
by tfb
Thu Sep 06, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund Fee Wars Will Encourage Bad Behavior
Replies: 26
Views: 2610

Re: Mutual Fund Fee Wars Will Encourage Bad Behavior

"Investors are more likely to churn their portfolios as costs drop to nothing" It makes no sense. Supposed ERs are mandated to be 1% among all funds. Churning or not churning doesn't make any difference in your cost. If you are going to churn you just churn from one 1% fund to another 1% fund. Now ...
by tfb
Thu Sep 06, 2018 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contributions after spouse joins health plan
Replies: 2
Views: 304

Re: HSA contributions after spouse joins health plan

Hello, For the first 8 months of the year my wife had her own health plan with her own HSA. On Sep 1, she joined my plan. My contribution has already been maxed out at $3,450. She had already contributed $2,195.35 to her HSA. Can we contribute an extra $1,254.65 to my HSA to max out her yearly $3,4...
by tfb
Wed Sep 05, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: HSA Contribution While Retired and Spouse Turning 65
Replies: 6
Views: 616

Re: HSA Contribution While Retired and Spouse Turning 65

I “think” the remaining amount I can contribute for 2018 is $5,183 – this accounts for my former employer’s earlier contribution. I arrived at this figure by dividing $7900 by 2 = $3950 (the full amount that both DW and I can each contribute is $329/month). Obviously I can contribute the full $3950...
by tfb
Tue Sep 04, 2018 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Living Revocable Trust - conveyance of assets
Replies: 37
Views: 2610

Re: Living Revocable Trust - conveyance of assets

Earl Lemongrab wrote:
Sat Jul 14, 2018 1:17 pm
I'm asking what actual trust grantors have done. Not what would be easy to do.
I documented what I actually did in two parts:

https://thefinancebuff.com/will-and-tru ... -plan.html
https://thefinancebuff.com/switching-br ... -edge.html
by tfb
Tue Sep 04, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18035

Re: How to Retire in Your 30's with $1 Million in the Bank

Seems like Justin and his family at root of good does it on 30k or so if I remember correctly. But he has a blog that provides income and a large 7 figure portfolio. Justin publishes his budget including blog income. (The blog doesn't make much). I think the last time I saw it (2016?), he raised hi...
by tfb
Tue Sep 04, 2018 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18035

Re: How to Retire in Your 30's with $1 Million in the Bank

But an annualized cash flow of $25k-$30k, at a point when market valuations seem to be relatively high, just seems like a needless risk to me. Here's an open secret among featured FIRE subjects: nobody actually lives on $25k-$30k cash flow or plans to live on it permanently. Many don't take any wit...
by tfb
Mon Sep 03, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: Structuring a solo K
Replies: 8
Views: 862

Re: Structuring a solo K

Thank you for the clarification. Talked to a couple of companies. The first was suggested on bogleheads(discount401k) and the firm stated they would provide plan documents and help with basic questions but would not track contributions or growth. This was much cheaper than the second service that w...
by tfb
Mon Sep 03, 2018 2:16 am
Forum: Investing - Theory, News & General
Topic: Structuring a solo K
Replies: 8
Views: 862

Re: Structuring a solo K

If I design a custom solo K to include husband and wife and set up a trust account with a brokerage firm, what is the best way to set it up Consider hiring an administrator as the prerequisite. The administrator can do the internal accounting when you just have one pooled account for all participan...
by tfb
Sun Sep 02, 2018 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Tax confusion: Head of household vs claiming GF as tax dependent
Replies: 10
Views: 1097

Re: Tax confusion: Head of household vs claiming GF as tax dependent

Kevin8696 wrote:
Sun Sep 02, 2018 7:48 pm
Btw, the $4150 personal exemption was eliminated in the 2018 tax reform law.
But it's replaced with a $500 credit.
by tfb
Sun Sep 02, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18035

Re: How to Retire in Your 30's with $1 Million in the Bank

How this article applies to my own situation: My wife quit her job three years ago. I still worked. The income from my job more than covered our expenses. That was the same situation as the lead person in the article. This is not unusual at all. A large percentage of married households have just one...
by tfb
Sun Sep 02, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18035

Re: How to Retire in Your 30's with $1 Million in the Bank

There is little room for error only if you don't have any earned income. Those featured in the article aren't in that situation. There's plenty room for error when one spouse still works and when they have self-employed businesses.
by tfb
Sat Sep 01, 2018 12:23 am
Forum: Investing - Theory, News & General
Topic: Possible Change to RMDs? [Executive order]
Replies: 47
Views: 6065

Re: Possible Change to RMDs? [Executive order]

Please note this can only affect the tables. The 70-1/2 required start date is hardcoded in law. Changing that requires new legislation. Within 180 days of the date of this order, the Secretary of the Treasury shall, consistent with applicable law and the policy set forth in section 1 of this order,...
by tfb
Tue Aug 28, 2018 8:11 pm
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 84
Views: 7061

Re: 2-Year Treasury Note Auction

If the auction price was 99.941930, you would've been charged 99.941930 / 100 * 25000 = 24985.4825 = 24985.48. They will charge you less than they paid. Is this your experience? The only Treasuries I've bought at auction would be rounded up based on standard rounding rules, so I don't have an examp...
by tfb
Tue Aug 28, 2018 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2411

Re: Fidelity Duplicate Funds Now That There Are No Minimums

It's normal to have separate profiles between a 401k plan through an employer and retail accounts in your own name. You would have separate profiles if you have a 401k plan account and retail accounts at Vanguard as well. I don't have retail accounts in my own name at Fidelity, just the 401K and HS...
by tfb
Mon Aug 27, 2018 11:28 pm
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 84
Views: 7061

Re: 2-Year Treasury Note Auction

Auction results: high yield = 2.655%, coupon = 2 5/8% (= 2.625%), price = 99.941940. For my order of 25, Fidelity shows price = 99.9419, and amount = $24,985.49. Based on amount, price = 99.941960 = 24985.49/25/10. So Fidelity basically rounded price up for amount to the nearest cent; i.e., for amo...
by tfb
Mon Aug 27, 2018 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2411

Re: Fidelity Duplicate Funds Now That There Are No Minimums

I called this week to fix an email issue and was told you have to update email changes in two different unrelated places on the site to make any change stick. I feel like Fidelity is like an Easter Egg hunt - see if you can find all the places to change something or deal with a rotten egg screwing ...
by tfb
Mon Aug 27, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2411

Re: Fidelity Duplicate Funds Now That There Are No Minimums

thanks. that narrows it down to 109 funds (and 6 pages). It is still showing institutional class funds which is not relevant and could make the list of available funds fewer (and fewer pages). As already answered in this thread, multiple share classes will merge into one in November. So the list wi...
by tfb
Sun Aug 26, 2018 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone using VanguardAdvantage with free checking, Visa Gold Debit/ATM, electronic bill pay, direct deposit, plus more?
Replies: 22
Views: 3031

Re: Anyone using VanguardAdvantage with free checking, Visa Gold Debit/ATM, electronic bill pay, direct deposit, plus mo

I viewed the Vanguard brochure for the Advantage account and it has a lot of useful features (in subject). I did try a search on the forum and didn't come up with much other some old posts. Anyone using it and care to comment? It looks like Vanguard stopped marketing this account. If I go to Vangua...
by tfb
Sun Aug 26, 2018 8:06 pm
Forum: Investing - Theory, News & General
Topic: Where's the Inflation Hedge for Short-Term TIPS?
Replies: 79
Views: 4496

Re: Where's the Inflation Hedge for Short-Term TIPS?

VG data says the fund had negative capital appreciation and this was the main source of negative total return in 2013-14. I will just stay away and buy TIPS directly rather than through a fund if I ever decide to go that route. Buying a 5-year TIPS in 2013 would've guaranteed that you had a negativ...
by tfb
Sun Aug 26, 2018 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: How often do you perform Mega Backdoor Roth in-service transfer?
Replies: 17
Views: 1172

Re: How often do you perform Mega Backdoor Roth in-service transfer?

Is it too much of a hassle paperwork wise to do an in-service transfer after every 401k contribution from my paycheck (twice a month)? Or should I do a more sane schedule (say monthly or quarterly) and roll the dice on taxable gains? Personal preference. I would do it quarterly. I'd like to reinfor...
by tfb
Sun Aug 26, 2018 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2411

Re: Fidelity Duplicate Funds Now That There Are No Minimums

Almost makes you think they'd rather you buy the more expensive freedom funds (actively managed) than their indexed (lower cost passively managed) freedom funds, because they sure don't make them easy to find. Why do you suppose that is? The Freedom Index funds aren't listed under "asset allocation...
by tfb
Sun Aug 26, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2411

Re: Fidelity Duplicate Funds Now That There Are No Minimums

Amphian wrote:
Sun Aug 26, 2018 12:00 pm
1. Are these all likely to stay separate funds, or will Fidelity likely be combining them into one ticker?
Fidelity said the existing share classes will merge into one in November.
by tfb
Sun Aug 26, 2018 12:18 am
Forum: Investing - Theory, News & General
Topic: Where's the Inflation Hedge for Short-Term TIPS?
Replies: 79
Views: 4496

Re: Where's the Inflation Hedge for Short-Term TIPS?

So for the five full years of operation, VTAPX appears to have lost 6.31% of its real value. Where's the inflation hedge? An inflation hedge doesn't mean a positive real return. Less interest risk rate also doesn't mean no interest rate risk. The real yield on 5-year TIPS was negative 1.5% at the b...
by tfb
Fri Aug 24, 2018 1:43 am
Forum: Personal Finance (Not Investing)
Topic: SALT: IRS issues proposed regs for State Tax Credit for Donation
Replies: 62
Views: 6015

Re: SALT: IRS issues proposed regs for State Tax Credit for Donation

A 36 page reading assignment is a whole lot longer answer than I was looking for. Perhaps somebody else can answer this question with an actual (i.e. dollars) answer: How much would you be able to deduct from your federal taxes if you paid your $11,500 property tax bill with $10,000 cash and a $1,5...
by tfb
Wed Aug 22, 2018 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: HSA account with the lowest cost: HSA bank or Vanguard?
Replies: 36
Views: 27457

Re: HSA account with the lowest cost: HSA bank or Vanguard?

Just shopping around for less fee'd as BOA is a $4.50 monthly fee. Vanguard is recommending below. Since this the last post was so old I'm curious what others are doing now? Rumor says Fidelity will start offering HSA to the general public in Q4 2018. If you are not in a hurry maybe wait to see if ...
by tfb
Tue Aug 21, 2018 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: Asked my advisor about fees and here's their reply
Replies: 60
Views: 8772

Re: Asked my advisor about fees and here's their reply

You can invest in balanced funds in a taxable account, but it is often not advisable. It makes it difficult to manage taxes for each asset class separately and it may not be the most tax-efficient portfolio in a taxable account. It still might be worth it to save a 1% advisor fee, but maybe not to ...
by tfb
Tue Aug 21, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Does this Solo 401k Plan Make Sense?
Replies: 6
Views: 395

Re: Does this Solo 401k Plan Make Sense?

I have most of my investments with Vanguard and would otherwise open this account there as well, but they don't offer the loan option. e-Trade looks like the best provider that does offer the loan option. Since any use of this loan feature would be several years down the line if it happened at all ...
by tfb
Mon Aug 20, 2018 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Naive rebalancing question
Replies: 16
Views: 1349

Re: Naive rebalancing question

The great thing here is that you'll be selling high to buy low. Not really. You will sell high, buy higher. Example: Year 1: stocks +20%, bonds +3% ==> sell stocks, buy bonds Year 2: stocks +5%, bonds +2% ==> sell stocks, buy bonds Year 3: stocks +3%, bonds +5% ==> sell bonds, buy stocks, but stock...
by tfb
Mon Aug 20, 2018 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: More than $55,000 in 401k contributions this year ?
Replies: 24
Views: 2233

Re: More than $55,000 in 401k contributions this year ?

madbrain wrote:
Sun Aug 19, 2018 10:38 pm
My question is whether that $55k limit is across all plans, or per-plan. I switched job from one Megacorp to another Megacorp, and they are unrelated companies.
Per plan.